WDC, NAND, NVM, enterprise storage systems, etc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.

SNDK 269.57

+0.7%

11:28 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Unwelcomeguest who wrote (4359)	3/2/2020 9:42:51 AM
From: Moonray	2 Recommendations Recommended By Sam Unwelcomeguest of 4826

More: Western Digital, Seagate upgraded to Outperform, Micron to Neutral at Baird 03/02/20 06:15 Baird analyst Tristan Gerra upgraded Micron (MU) to Neutral from Underperform with a price target of $55 from $45 and also upgraded Western Digital (WDC) and Seagate (STX) to Outperform from Underperform and Neutral respectively. Western Digital price target goes to $75 from $60 and Seagate price target goes to $60 from $54. The analyst notes that the positive outlook for pricing in DRAM/NAND flash memory remains unchanged in spite of the current demand weakness in China with supply chain holding on to inventories against the risk of disruptions. Gerra believes that pricing will remain very resilient in 2020 and server demand is also strong, adding that the double-upgrade for Seagate is driven by expected market share gains and gross margin expansion in the 2nd half of the year. o~~~ O

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next